Pier Public News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Told to stay home. Unless you need to tend to essential business like going to buy food good evening, everyone, thanks for being with us tonight at 9 oclock im grant lotus. And im Vicki Liviakis tonight, Sonoma County has joined 6 other bay area counties implementing a shelterinplace that goes into effect at midnight tonight. And we are implementing a temporary new format as well thats all in the interest of social distancing. As we work to stay healthy so we can bring you this critical news each and every day. So today around the bay streets were noticeably less crowded as people work from ho...

Im delighted to move us to our second panel the Conservation Movement in state and National Parks and we are lucky to have lauren meyer or historian and Landscape Architectsts serving s moderator to kick off this event. Lauren has a longstanding relationship with the olmstead having edited the list of Design Projects which were just mentioned as well as part of the near 12 volume thousands and thousands of pages. He is currently the cochair of the nonprofit partner of National Historic sites and with that welcome lauren. Thank you enough i can figure out the technology here i will pull up the ...

As the new apron and the bayside history walk, we believe will allow the appropriate balance with the office space that is needed to make this project financially feasible. And we believe that we do have a regulatory strategy that will get us through a reasonable amount of time. Matt walked through some of the economics of phase 1. Phase ii, we have not yet submitted a formal proposal that has not been requested at this time, but obviously its a major project through the entire pier. Development costs would be in excess of 100 million. We would be requesting the full 66year lease that is withi...

The trust a because that would be required to amortize a very substantial investment, particularly with a full seismic upgrade and pier structure work that would be required. And we would finance this through a combination of private equity, debt, and federal and state historic tax credits. Tmg has a lot of experience and we believe we can secure those credits and help make this project work. The project would generate a good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and w...

And we would finance this through a combination of private equity, debt, and federal and state historic tax credits. Tmg has a lot of experience and we believe we can secure those credits and help make this project work. The project would generate a good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and would be willing to structure various forms of up side participation as is typical for these major projects, however, there would be a need to negotiate and offset credits, qua...